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131 Water St 2,380 - 14,498 SF of 4-Star Retail Space Available in Vancouver, BC V6B 1A7

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Highlights

  • Landmark heritage building restored to modern retail standards while preserving historic character.
  • Steps from Waterfront Station, offering seamless access to the Expo Line, Canada Line, SeaBus, and West Coast Express.
  • Surrounded by a diverse mix of renowned restaurants, cafés, boutiques, galleries, and lifestyle amenities.
  • Prime Water Street frontage with high pedestrian exposure in Vancouver’s iconic Gastown district.
  • Multiple ground-floor units available, ranging from approx. 2,380 to 6,998 sq. ft., with varying power capacities and select kitchen venting options.
  • Estimated delivery slated for Q2/Q3 2027, with HA-2 Historical Area zoning supporting a variety of retail uses.

All Available Spaces(4)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Space Use
  • Condition
  • Available
  • 1st Floor, Ste 113
  • 2,380 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Retail
  • -
  • TBD

131 Water Street presents a rare retail lease opportunity in the heart of historic Gastown, offering newly restored, character-rich premises within a landmark Edwardian building originally constructed in 1910. Blending heritage architecture with modern functionality, the project delivers multiple ground-floor units featuring prominent frontage, abundant natural light, and flexible layouts ideal for flagship retail or dining concepts. Positioned within one of Vancouver’s most iconic shopping and tourism districts, the property provides exceptional visibility and steady foot traffic from locals, visitors, and nearby office workers, all within steps of major transit connections. Located directly on Water Street, 131 Water Street sits at the epicentre of Gastown’s vibrant retail corridor—an area defined by cobblestone streets, historic buildings, and a thriving mix of boutiques, restaurants, and creative workplaces. The property is just steps from Waterfront Station, the busiest transit hub in Vancouver, and near the world-famous Steam Clock, ensuring continuous pedestrian activity. With close proximity to Canada Place, the cruise terminal, and numerous cultural and lifestyle amenities, the location benefits from both a strong local following and significant tourism traffic. Walk, transit, and bike scores are all exceptionally high, reinforcing the site’s accessibility and desirability.

  • 1st Floor, Ste 115
  • 2,664 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Retail
  • -
  • TBD

131 Water Street presents a rare retail lease opportunity in the heart of historic Gastown, offering newly restored, character-rich premises within a landmark Edwardian building originally constructed in 1910. Blending heritage architecture with modern functionality, the project delivers multiple ground-floor units featuring prominent frontage, abundant natural light, and flexible layouts ideal for flagship retail or dining concepts. Positioned within one of Vancouver’s most iconic shopping and tourism districts, the property provides exceptional visibility and steady foot traffic from locals, visitors, and nearby office workers, all within steps of major transit connections. Located directly on Water Street, 131 Water Street sits at the epicentre of Gastown’s vibrant retail corridor—an area defined by cobblestone streets, historic buildings, and a thriving mix of boutiques, restaurants, and creative workplaces. The property is just steps from Waterfront Station, the busiest transit hub in Vancouver, and near the world-famous Steam Clock, ensuring continuous pedestrian activity. With close proximity to Canada Place, the cruise terminal, and numerous cultural and lifestyle amenities, the location benefits from both a strong local following and significant tourism traffic. Walk, transit, and bike scores are all exceptionally high, reinforcing the site’s accessibility and desirability.

  • 1st Floor, Ste 125
  • 6,998 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Retail
  • -
  • TBD

131 Water Street presents a rare retail lease opportunity in the heart of historic Gastown, offering newly restored, character-rich premises within a landmark Edwardian building originally constructed in 1910. Blending heritage architecture with modern functionality, the project delivers multiple ground-floor units featuring prominent frontage, abundant natural light, and flexible layouts ideal for flagship retail or dining concepts. Positioned within one of Vancouver’s most iconic shopping and tourism districts, the property provides exceptional visibility and steady foot traffic from locals, visitors, and nearby office workers, all within steps of major transit connections. Located directly on Water Street, 131 Water Street sits at the epicentre of Gastown’s vibrant retail corridor—an area defined by cobblestone streets, historic buildings, and a thriving mix of boutiques, restaurants, and creative workplaces. The property is just steps from Waterfront Station, the busiest transit hub in Vancouver, and near the world-famous Steam Clock, ensuring continuous pedestrian activity. With close proximity to Canada Place, the cruise terminal, and numerous cultural and lifestyle amenities, the location benefits from both a strong local following and significant tourism traffic. Walk, transit, and bike scores are all exceptionally high, reinforcing the site’s accessibility and desirability.

  • 1st Floor, Ste 135
  • 2,456 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Retail
  • -
  • TBD

131 Water Street presents a rare retail lease opportunity in the heart of historic Gastown, offering newly restored, character-rich premises within a landmark Edwardian building originally constructed in 1910. Blending heritage architecture with modern functionality, the project delivers multiple ground-floor units featuring prominent frontage, abundant natural light, and flexible layouts ideal for flagship retail or dining concepts. Positioned within one of Vancouver’s most iconic shopping and tourism districts, the property provides exceptional visibility and steady foot traffic from locals, visitors, and nearby office workers, all within steps of major transit connections. Located directly on Water Street, 131 Water Street sits at the epicentre of Gastown’s vibrant retail corridor—an area defined by cobblestone streets, historic buildings, and a thriving mix of boutiques, restaurants, and creative workplaces. The property is just steps from Waterfront Station, the busiest transit hub in Vancouver, and near the world-famous Steam Clock, ensuring continuous pedestrian activity. With close proximity to Canada Place, the cruise terminal, and numerous cultural and lifestyle amenities, the location benefits from both a strong local following and significant tourism traffic. Walk, transit, and bike scores are all exceptionally high, reinforcing the site’s accessibility and desirability.

Space Size Term Rental Rate Space Use Condition Available
1st Floor, Ste 113 2,380 SF Negotiable Upon Request Upon Request Upon Request Upon Request Retail - TBD
1st Floor, Ste 115 2,664 SF Negotiable Upon Request Upon Request Upon Request Upon Request Retail - TBD
1st Floor, Ste 125 6,998 SF Negotiable Upon Request Upon Request Upon Request Upon Request Retail - TBD
1st Floor, Ste 135 2,456 SF Negotiable Upon Request Upon Request Upon Request Upon Request Retail - TBD

1st Floor, Ste 113

Size
2,380 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Retail
Condition
-
Available
TBD

1st Floor, Ste 115

Size
2,664 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Retail
Condition
-
Available
TBD

1st Floor, Ste 125

Size
6,998 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Retail
Condition
-
Available
TBD

1st Floor, Ste 135

Size
2,456 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Retail
Condition
-
Available
TBD

1st Floor, Ste 113

Size 2,380 SF
Term Negotiable
Rental Rate Upon Request
Space Use Retail
Condition -
Available TBD

131 Water Street presents a rare retail lease opportunity in the heart of historic Gastown, offering newly restored, character-rich premises within a landmark Edwardian building originally constructed in 1910. Blending heritage architecture with modern functionality, the project delivers multiple ground-floor units featuring prominent frontage, abundant natural light, and flexible layouts ideal for flagship retail or dining concepts. Positioned within one of Vancouver’s most iconic shopping and tourism districts, the property provides exceptional visibility and steady foot traffic from locals, visitors, and nearby office workers, all within steps of major transit connections. Located directly on Water Street, 131 Water Street sits at the epicentre of Gastown’s vibrant retail corridor—an area defined by cobblestone streets, historic buildings, and a thriving mix of boutiques, restaurants, and creative workplaces. The property is just steps from Waterfront Station, the busiest transit hub in Vancouver, and near the world-famous Steam Clock, ensuring continuous pedestrian activity. With close proximity to Canada Place, the cruise terminal, and numerous cultural and lifestyle amenities, the location benefits from both a strong local following and significant tourism traffic. Walk, transit, and bike scores are all exceptionally high, reinforcing the site’s accessibility and desirability.

1st Floor, Ste 115

Size 2,664 SF
Term Negotiable
Rental Rate Upon Request
Space Use Retail
Condition -
Available TBD

131 Water Street presents a rare retail lease opportunity in the heart of historic Gastown, offering newly restored, character-rich premises within a landmark Edwardian building originally constructed in 1910. Blending heritage architecture with modern functionality, the project delivers multiple ground-floor units featuring prominent frontage, abundant natural light, and flexible layouts ideal for flagship retail or dining concepts. Positioned within one of Vancouver’s most iconic shopping and tourism districts, the property provides exceptional visibility and steady foot traffic from locals, visitors, and nearby office workers, all within steps of major transit connections. Located directly on Water Street, 131 Water Street sits at the epicentre of Gastown’s vibrant retail corridor—an area defined by cobblestone streets, historic buildings, and a thriving mix of boutiques, restaurants, and creative workplaces. The property is just steps from Waterfront Station, the busiest transit hub in Vancouver, and near the world-famous Steam Clock, ensuring continuous pedestrian activity. With close proximity to Canada Place, the cruise terminal, and numerous cultural and lifestyle amenities, the location benefits from both a strong local following and significant tourism traffic. Walk, transit, and bike scores are all exceptionally high, reinforcing the site’s accessibility and desirability.

1st Floor, Ste 125

Size 6,998 SF
Term Negotiable
Rental Rate Upon Request
Space Use Retail
Condition -
Available TBD

131 Water Street presents a rare retail lease opportunity in the heart of historic Gastown, offering newly restored, character-rich premises within a landmark Edwardian building originally constructed in 1910. Blending heritage architecture with modern functionality, the project delivers multiple ground-floor units featuring prominent frontage, abundant natural light, and flexible layouts ideal for flagship retail or dining concepts. Positioned within one of Vancouver’s most iconic shopping and tourism districts, the property provides exceptional visibility and steady foot traffic from locals, visitors, and nearby office workers, all within steps of major transit connections. Located directly on Water Street, 131 Water Street sits at the epicentre of Gastown’s vibrant retail corridor—an area defined by cobblestone streets, historic buildings, and a thriving mix of boutiques, restaurants, and creative workplaces. The property is just steps from Waterfront Station, the busiest transit hub in Vancouver, and near the world-famous Steam Clock, ensuring continuous pedestrian activity. With close proximity to Canada Place, the cruise terminal, and numerous cultural and lifestyle amenities, the location benefits from both a strong local following and significant tourism traffic. Walk, transit, and bike scores are all exceptionally high, reinforcing the site’s accessibility and desirability.

1st Floor, Ste 135

Size 2,456 SF
Term Negotiable
Rental Rate Upon Request
Space Use Retail
Condition -
Available TBD

131 Water Street presents a rare retail lease opportunity in the heart of historic Gastown, offering newly restored, character-rich premises within a landmark Edwardian building originally constructed in 1910. Blending heritage architecture with modern functionality, the project delivers multiple ground-floor units featuring prominent frontage, abundant natural light, and flexible layouts ideal for flagship retail or dining concepts. Positioned within one of Vancouver’s most iconic shopping and tourism districts, the property provides exceptional visibility and steady foot traffic from locals, visitors, and nearby office workers, all within steps of major transit connections. Located directly on Water Street, 131 Water Street sits at the epicentre of Gastown’s vibrant retail corridor—an area defined by cobblestone streets, historic buildings, and a thriving mix of boutiques, restaurants, and creative workplaces. The property is just steps from Waterfront Station, the busiest transit hub in Vancouver, and near the world-famous Steam Clock, ensuring continuous pedestrian activity. With close proximity to Canada Place, the cruise terminal, and numerous cultural and lifestyle amenities, the location benefits from both a strong local following and significant tourism traffic. Walk, transit, and bike scores are all exceptionally high, reinforcing the site’s accessibility and desirability.

Property Facts

Total Space Available 14,498 SF
No. Units 80
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Size 138,000 SF
Year Built 2027
Construction Status Proposed
Walk Score®
Walker's Paradise (97)
Transit Score®
Rider's Paradise (100)
Bike Score®
Biker's Paradise (97)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Starbucks
Tim Hortons
Orangetheory Fitness
Blenz Coffee
RBC Royal Bank
Thai Express
Guu Izakaya
Oakberry
TacoTime
Noodlebox
  • Listing ID: 39430196

  • Date on Market: 2/13/2026

  • Last Updated:

  • Address: 131 Water St, Vancouver, BC V6B 1A7

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